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Ortak Yönetim Kurulu Üyeliği ile Firma Performansı Arasındaki İlişkide Yönetim Kurulu Çeşitliliğinin Moderatör Etkisi

Year 2023, Volume: 9 Issue: 2, 177 - 206, 04.10.2023
https://doi.org/10.20979/ueyd.1288214

Abstract

Bu araştırmanın amacı, ortak yönetim kurulu üyeliği ile firma performansı arasındaki ilişkide, yönetim kurulu çeşitliliğinin moderatör etkisini ortaya koymaktır. Bu çalışmada, BİST 100 endeksinde işlem gören ve finansal olmayan işletmelere odaklanılmıştır. Çalışmanın örneklemi 49 işletmeden oluşmaktadır ve kapsamı ise 2014-2019 yılları arasıdır. Bu yıllar arasında elde edilen verilerin analizi için panel EKK modeli kullanılmıştır. Ortak yönetim kurulu üyeliklerinin performans üzerinde doğrudan bir etkisi tespit edilememiştir. Aileden ortak yönetim kurulu üyeliği ve kurul meşguliyeti performansı olumsuz yönde etkilemektedir. Kurul çeşitliliğinin ortak yönetim kurulu üyelikleri ve performans arasındaki ilişkiyi olumlu yönde etkileyeceği varsayımı destek görmemiştir. Araştırmanın sonuçları, Türkiye bağlamında kaynak bağımlılığı teorisinden ziyade vekâlet teorisine destek sağlamaktadır.

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The Moderator Effect of Board Diversıty on the Relationship Interlocking Directors and Firm Performance

Year 2023, Volume: 9 Issue: 2, 177 - 206, 04.10.2023
https://doi.org/10.20979/ueyd.1288214

Abstract

The aim of this research is to examine the moderator effect of board diversity on interlocking directors and firm performance relation. In this study, focused on non-financial businesses traded in the BIST 100 index. The sample of the study consists of 49 businesses and its scope is between 2014-2019. For the analysis of the data obtained between these years, the panel EKK model was used. No direct impact of interlocking directorships on performance has been identified. It was concluded that interlocking directors from the family and board busyness reduced performance. The assumption that board diversity would positively improve the relationship between interlocking directorship and performance was not supported. The results of the research provide support for the agency theory rather than the resource dependency theory in the context of Turkey.

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There are 125 citations in total.

Details

Primary Language Turkish
Subjects Business Administration
Journal Section Research Articles
Authors

Ramazan Koçoğlu 0000-0002-2048-4466

Kader Şahin 0000-0003-2957-1854

Early Pub Date September 14, 2023
Publication Date October 4, 2023
Submission Date April 26, 2023
Published in Issue Year 2023 Volume: 9 Issue: 2

Cite

APA Koçoğlu, R., & Şahin, K. (2023). Ortak Yönetim Kurulu Üyeliği ile Firma Performansı Arasındaki İlişkide Yönetim Kurulu Çeşitliliğinin Moderatör Etkisi. Uluslararası Ekonomi Ve Yenilik Dergisi, 9(2), 177-206. https://doi.org/10.20979/ueyd.1288214

International Journal of Economics and Innovation

Karadeniz Technical University, Department of Economics, 61080, Trabzon/Türkiye
28816